royalties are tax deductible expense yes. the ATO 30% tax is payable on the operating profit after royalty.
on my numbers ,a massive short term hit as its a high price year, but in normal prices years the impact is modest.
Increase in Queensland Royalties, page-20
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SMR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.23 |
Change
0.060(1.89%) |
Mkt cap ! $2.911B | |||
| Open | High | Low | Value | Volume |
| $3.29 | $3.32 | $3.23 | $4.785M | 1.466M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 15200 | $3.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.26 | 1753 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| SMR (ASX) Chart |